importance of outsourcing tax returns preparation services

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Importance of Outsourcing Tax Preparati on Services

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Page 1: Importance of Outsourcing Tax Returns Preparation Services

Importance of Outsourcing…

Tax Preparation

Services

Page 2: Importance of Outsourcing Tax Returns Preparation Services

Tax

Prep

arati

on

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U

SA

As it happens every year in United States, there have been numerous changes in tax laws and reporting procedures… So, it becomes important for every American

to clearly understand the Tax Calendar of present year and prepare corresponding tax returns..

[email protected] © 2016 Cogneesol Pvt. Ltd.

Page 3: Importance of Outsourcing Tax Returns Preparation Services

Tax

Prep

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efini

tion

Form No. 1065 & K-1 :PARTNERSHIP

Form 1120, Form 1120A & Form 1120S :CORPORATION

Form 1040, Form 1040A & Form 1040EZ :INDIVIDUAL

Tax Preparation is the information outfitted by an individual or maybe a business to an government body stating all of their budgetary commitments for tax assessment purposes. Everybody pays their Tax in due time and be free from the Tax in a flash

when it is feasible.

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Page 4: Importance of Outsourcing Tax Returns Preparation Services

Out

sour

cing

in

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Tax

Prep

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Outsourcing is a system to take business or different procedures of a firm to an outside organization. Tax Preparation outsourcing delivers a lot of positive

viewpoints, and more accounting firms and moreover CPAs are consistently endeavoring the system.

[email protected] © 2016 Cogneesol Pvt. Ltd.

Page 5: Importance of Outsourcing Tax Returns Preparation Services

Bene

fits o

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BENEFITS OF OUTSOURCING TAX PREPARATION SERVICES: Paying attention towards the benefits of outsourcing tax preparation services to a wholesale

company in terms of Time and money, reap profits, improved efficiency, minimize confusion, customer satisfaction, reliable results and reduced errors.

Improved Efficiency

Customer Satisfaction

Reduced Errors

Time/ Money Saving

Reap Profits

Minimize Confusion

Reliable Results

[email protected] © 2016 Cogneesol Pvt. Ltd.

Page 6: Importance of Outsourcing Tax Returns Preparation Services

Tax

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enefi

ts

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ime/

Mon

ey S

avin

g

SAVING TIME & MONEY: Outsource Tax Preparation assists to pace yourself with regards to tax management. This enables you to obtain time for all tax chores and steer clear of passing up on anything else. Thus, rather spending time and money

on collecting all the tax related data, you’ll just schedule the final outcome.

[email protected] © 2016 Cogneesol Pvt. Ltd.

Page 7: Importance of Outsourcing Tax Returns Preparation Services

Tax

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enefi

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Re

ap P

rofit

s

REAP PROFITS: Tax Preparation Outsourcing makes it feasible for an accounting organization to appeal a outsource company that can help with processing all the likely Tax Liabilities. The procedure encourages organizations to handle customer

requirements & achieve profits for their business.

REAP PROFITS

[email protected] © 2016 Cogneesol Pvt. Ltd.

Page 8: Importance of Outsourcing Tax Returns Preparation Services

Tax

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Impr

oved

Effi

cien

cy

IMPROVED EFFICIENCY: During the past decade, accounting organizations ranging in size from little scale organizations to expansive scale ones have acknowledged Tax Preparation outsourcing with the aim to upgrade work

productivity, efficiency, execution, & representative maintenance.

[email protected] © 2016 Cogneesol Pvt. Ltd.

Page 9: Importance of Outsourcing Tax Returns Preparation Services

Tax

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Min

imize

Con

fusio

n

MINIMIZE CONFUSION: Especially, when involving CGT or related assets, tax preparation becomes so confused to generate final tax returns. This is due to lack

of updates of upcoming year, migration rules and legal circumstances. Outsourcing is an important step for organizations to have an accurate result.

OR

[email protected] © 2016 Cogneesol Pvt. Ltd.

Page 10: Importance of Outsourcing Tax Returns Preparation Services

Tax

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stom

er S

atisf

actio

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CUSTOMER SATISFACTION: Chopping down the conventional information passage and archive association schedules, outsourcing permits charge specialists

to pay consideration on much more elevated amount, worth included customer arrangements.

[email protected] © 2016 Cogneesol Pvt. Ltd.

Page 11: Importance of Outsourcing Tax Returns Preparation Services

Tax

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enefi

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- Re

liabl

e Re

sults

RELIABLE RESULTS: Outsource Tax Preparation Services assist you to have a combination of results that is pre-tested and expert solution. So, availing such

services intend you to have the accurate, reliable and trustworthy final prepared Tax Returns.

[email protected] © 2016 Cogneesol Pvt. Ltd.

Page 12: Importance of Outsourcing Tax Returns Preparation Services

Tax

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duce

d Er

rors

REDUCED ERRORS: Availing Outsource Tax Preparation services from a business organization helps to reduce some of the most common errors that small

enterprises make that covers failing to remember small stuff, overemphasize your deductions, payroll errors, lacking of updating of records and more..

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Page 13: Importance of Outsourcing Tax Returns Preparation Services

Perf

ect T

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TAX PREPARATION TIME: This is the time which brings out mixed feelings … The arrival of the celebration season around the bend on one hand and the need to merge yearly profit & get ready for tax payment. It’s the matter of responsibility

with the need to complete 2016 on a high note & look forward to 2017

Financial Year

[email protected] © 2016 Cogneesol Pvt. Ltd.

Page 14: Importance of Outsourcing Tax Returns Preparation Services

Softw

ares

use

d fo

r

- Tax

Pre

para

tion

Intuit ProSeries Tax Software Lacerte Tax Preparation Software ATX Tax Preparation Ultra-Tax - Tax Preparation Turbo Tax - Tax Preparation

[email protected] © 2016 Cogneesol Pvt. Ltd.

Page 15: Importance of Outsourcing Tax Returns Preparation Services

Tax

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utso

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ompa

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OUTSOURCE TAX PREPARATION SERVICES: Cogneesol Pvt. Ltd. is A Business Outsourcing Company based out of United States, Canada, Australia, United

Kingdom & having delivery center in India. Its an B2B service provider offering back-office services to accounting organizations throughout the world.

Sponsored by

[email protected] © 2016 Cogneesol Pvt. Ltd.

Page 16: Importance of Outsourcing Tax Returns Preparation Services

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